Accumulator betting might sound like a pompous, complicated term, although the concept is very easy and widely used in reality. Just think of it this way: whenever you’ve heard of a person winning tens of thousands of pounds with just a 5-pound wager, he most likely used an accumulator – or bet that Leicester City would win the Premier League last year.

Accumulator bets have been around for quite a while, and are a very common betting strategy, which is why we will explain what they are, how they work, and how you can use them to score big profits.

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What is an accumulator bet?

Let’s look at a practical example. Looking at next weekend’s Premier League matches, we could see quite a couple which seems to have clear winners. Burnley – Chelsea, and Bournemouth – Manchester City is two of them. If we bet in each game that the favorites will win, we would place two “single” bets.

Both teams have the same 1,40 odds to win. If we place a £10 bet on each of the two favorites to win, and they manage to do so, we’ll win £4 on each bet. Our total winnings would be £8, with a combined wager of £20.

An accumulator bet happens when a single bet contains two or more events, all of which have to be winners for the accumulator to be considered won. In this case, we’d be betting that both Chelsea and City win. The odds would just multiply – 1,40 x 1,40 – and give us a final odd of 1,96, providing us with a £9,6 win. Easy, isn’t it?

How does accumulator betting work?

We’ve explained the practical usage of accumulators above. Simply put, an accumulator is a combined bet – where all bets have to be won for the accumulator to be won. There are some exceptions to this rule, in special cases, and with special bookmakers.

For example, some bookmakers allow you to lose a bet if your betting slip contains at least 11 events, all with odds over 1,30. If you do lose a game, the payout is ten times your wager. This is a special example of an accumulator bet, which can only be found at some booking agencies. For the vast majority, the rules are the same: all bets have to be won for the accumulator to be won.

This is how huge winnings are possible using very small odds. Almost weekly, there is one person who wins a 16-fold or 20-fold accumulator, which turns their £5 or £10 wager into tens of thousands, merely because the odds of the final accumulator were well over 5000. Of course, such an event is highly unlikely, even if you bet on favorites – at least one of them will fail to win their game over the course of a weekend.

In football betting, you can combine all types of bets to form accumulators. For example, for next weekend, you could bet that Chelsea and City win, Manchester United score at least two goals against Watford and Swansea avoid defeat at home against Leicester. Such an accumulator should just about quadruple your initial wager.

Typical vs. non-typical accumulators

The standard accumulator works in the way described above. A 9-fold accumulator means that all nine games have to be won for the accumulator to be won. This is a very “all or nothing” type of bet, and while it is the most popular, it isn’t the only one available. First of all, here are some terminology items you should know:

– A 2-fold accumulator is called a “double”.

– A 3-fold accumulator is called a “treble”.

– Anything over is called a “fold” accumulator – 4-fold, 5-fold, etc.

Next up, we will present some special accumulator bets. For the accumulator to be “won”, all its events have to be won, but if you lose some of the bets, the final accumulator still provides a payout. These are non-typical accumulators and are very good to use to limit losses and grow winnings.

– A “Trixie” is a wager on three selections, composed of three doubles and a treble. If one of the three selection is lost, the final payout will depend on the combined odds of the two winning selections.

– A “Patent” is also a wager on three selections, but even more divided – it’s composed of three “singles”, three “doubles” and one “treble”.

– A “Yankee” accumulator contains four selections and is composed of 11 separate bets – six doubles, four trebles and a 4-fold accumulator

– A “Lucky 15” is also a wager on four selections, similar to the Yankee, but adding four more single bets

– A “Canadian” or “Super Yankee” is a wager on five selections, made out of 26 different bets – 10 doubles, 10 trebles, five 4-fold accumulators and one 5-fold accumulator

– A “Lucky 31” has five selections, and is basically a “Super Yankee” with an added 5 single bets

– A “Heinz” is based on six selections, with a staggering 57 separate bets: 15 doubles, 20 trebles, 15 4-folds, six five-folds and one six-fold.

Tips on creating winning accumulators

While we’d all like to win a 22-fold accumulator and quit betting at least for a month, in which we spend all the money, the odds of winning such a bet are comparable with winning the lottery. As a matter of fact, common sense guides us here better than any betting tip: the more selections your accumulator has, the slimmer the chances of winning become.

However, we do have a few tips on how you can use accumulators to your advantage:

– Try a “Daily Double”. Which an effective money management system, a daily double accumulator can bring you some nice profits in the long run. If you find two favorites with odds around 1,40, you can easily combine them for an easy double.

– Use a non-typical accumulator for high-odd ideas. For example, draws have high odds (minimum 3,00 for any given football game). Try picking 6 matches you think will end in a draw each weekend – even if you’re right with just three of these matches each time, you’ll still make a profit if you use a “Heinz” accumulator. If you ever guess 4, 5 or even all 6 draws, you’ll be in for some very nice winnings.

– If you use accumulators each weekend, try to limit your betting slips to a maximum of four selections. Practice has shown us that anything over that dramatically increases losing chances.

That being said, we wish you the best of luck in using accumulators in your betting strategies. They do have their advantages as well as their challenges, but can widen your betting options and lead you to success.